26 commodities bring in over USD1 billion in export value

Friday, 05/10/2018 14:54
As many as 26 commodities earned export turnover of more than USD1 billion in the first 9 months of the year, making up 90.3% of the total. Of this, five commodities bagged over USD10 billion, accounting for 58.2%.

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According to General Statistics Office, export value of some major commodities continues to increase sharply, including telephone and accessories USD36.1 billion (up 14.6%), garments and textiles USD22.6 billion (17.1%), computer and components USD21.6 billion (16.7%), machinery and spare parts USD12.1 billion (28.7%), footwear USD11.8 billion (10.5%), wood and wooden products USD6.3 billion (13.9%), and vehicles and devices USD5.9 billion (15.8%).

Export density of some key products still belongs to the FDI sector, in which telephone and accessories seized 99.7%; computer and components made up 95.6%; machinery and equipment accounted for 89.4%, and garments and textiles occupied 60.1%.  

In addition, some agricultural and seafood products enjoyed positive growth, including seafood USD6.4 billion, up 6.9%; vegetables and fruits USD3 billion, up 15.2%; and rice USD2.5 billion, up 22.1%.

However, crude oil exports witnessed sharp declines in both value and volume compared to the same period of last year, standing at USD1.7 billion, down 25% in value, despite an average increase of 38% in global crude oil prices.

During the period, the US remained Vietnam’s biggest export market, spending USD34.9 billion on Vietnamese goods, up 13% year-on-year, followed by the EU (USD31.1 billion, up 10%) and China (USD28.1 billion, up 27%)./.

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